. everybody, fox news alert, it is all your money and it is america's future today, a way to keep the nation's head above water, the kickoff for the president's debt commission happens in minutes, how deep it the hole today? we are more than $12 trillion in debt, that's $41,000 for every american citizen, only two things you can do when you're in debt this badly, stop spending or raise or money or perhaps -- raise more money or perhaps do both. which way will the commission go? we'll find out together on "america's newsroom". >>> that is just one big story. a big day. welcome, everybody, i'm bill hemmer. martha: good morning to you, bill, good morning, everybody, i'm martha mcical up. get ready, folks, a showdown today on capitol hill, lawmakers put goldman sachs in the crosshairs and the big event, lloyd blankfein on the hot seat. goldman is expected to deny they profited from the housing collapse and we'll be watching that very closely today. bill: indeed we will. also the disturbing image of the suspected chris may day body bomber proving the man who tried to detonate a bomb on christmas